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Finra Exam Series-6 Topic 4 Question 55 Discussion

Actual exam question for Finra's Series-6 exam
Question #: 55
Topic #: 4
[All Series-6 Questions]

On Friday, August 6th, the Board of Directors of Ecolab (ECI) announced that it would pay a dividend of $0.155 a share to shareholders of record as of Tuesday, September 21st.The dividend checks were scheduled to be mailed on Friday, October 15th. In this scenario, the payment date is:

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Suggested Answer: D

After his market order to buy shares of GOOG is executed, Mr. Shortfall must pay for the shares within 5 business days. If he is unable to do so within this time period, GetErDone can request an extension from FINRA or another SRO for him.


by Elke at Feb 06, 2023, 08:53 PM

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Rodolfo
21 days ago
I think the answer is D. None of the above. The payment date is not any of the options given.
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Tyisha
21 hours ago
B) Friday, September 17th.
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Grover
11 days ago
A) Friday, August 6th.
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Cammy
23 days ago
I'm not sure, but I think it's C) Tuesday, September 21st because that's the record date for shareholders.
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Denise
24 days ago
The payment date is clearly Tuesday, September 21st. That's the date the shareholders of record will receive the dividend checks.
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Sunny
11 days ago
I agree, the payment date is Tuesday, September 21st.
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Linwood
28 days ago
I agree with Sharmaine, the dividend checks are scheduled to be mailed on that date.
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Sharmaine
1 months ago
I think the payment date is C) Tuesday, September 21st.
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a